TAAT(TM) Global Alternatives’ (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP)
has announced that its game-changing tobacco-free and nicotine-free product is now being sold in the state of Illinois. The availability of TAAT(TM) by 19 tobacco retailers across the state complements new launch initiatives announced by the company for Georgia, North Carolina, South Carolina and Alabama. According to the announcement, Illinois has a smoking incidence rate of 15.5% among adults with a total population of 12.67 million, representing a significant opportunity for TAAT to expand its presence in the Midwest. With these new retail locations, TAAT is now available in more than 300 stores across the United States; the product is also available online. “The opportunity for TAAT in Illinois is significant as there are well over one million smokers aged 21-plus in the state, many of whom reside in Cook County and are subjected to the highest tax burden in the nation when it comes to buying tobacco cigarettes,” said TAAT CEO Chief Setti Coscarella in the press release. “Right from the beginning, we have placed TAAT in 19 tobacco retailers across the state, which we intend to leverage along with existing online demand in Illinois to further penetrate this market. We conducted consumer research earlier this year with smokers aged 21-plus in markets to include Illinois, and nearly two-thirds of respondents who stated their desire to leave nicotine behind specified that the cost of smoking tobacco cigarettes was a contributing factor to this desire. We are pleased to be making a better alternative to tobacco cigarettes available at a price point that is less than half what the average pack of tobacco cigarettes costs in Ohio, as we broaden our initiatives to capture market share in the USD $814 billion global tobacco industry.”
To view the full press release, visit https://ibn.fm/8cgKl
About TAAT Global Alternatives Inc.
TAAT Global Alternatives has developed TAAT, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in Original, Smooth and Menthol varieties. TAAT’s base material is Beyond Tobacco(TM), a proprietary blend that undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with Big Tobacco pedigree, TAAT was launched first in the United States in Q4 2020 as the company seeks to position itself in the $814 billion global tobacco industry. For more information, please visit www.TAATGlobal.com
NOTE TO INVESTORS:
The latest news and updates relating to TOBAF are available in the company’s newsroom at https://ibn.fm/TOBAF
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